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1801 31st St SE, Rio Rancho, NM 87124

3 beds • 2 baths • 1752 sqft

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This property looks like a bad Airbnb investment with a projected -14.64% first-year return on $95,679 initial cash invested.

-14.64%

Cash On Cash

2.68%

Cap Rate

0.43

DSCR

$1,921

Rent

-$1,167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,921 income − $3,088 expenses = $1,167 out of pocket

Income$1,921Out of Pocket$1,167Mortgage P&I$1,915100%Property Taxes$1216%Insurance$1307%Management$28815%CapEx$774%Maintenance$774%Other$48025%

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,921

Total Expenses

$3,088

Mortgage P&I

100%

$1,915

Property Taxes

6%

$121

Home Insurance

7%

$130

HOA

0%

$0

Property Management

15%

$288

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$480

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